Senior Manager, Internal Audit

Investment Management Corporation of Ontario (IMCO)•Toronto, ON

2d•Hybrid

About The Position

The Senior Manager, Internal Audit is a leadership role responsible for planning, executing, and reporting on internal audit and advisory engagements across IMCO, providing independent, risk based assurance and advisory services that strengthen the organization’s risk management, internal controls, and governance. The role will also operate as a trusted advisor, supporting IMCO’s strategic objectives within an increasingly complex and evolving operating environment. IMCO is developing and transitioning to a co sourced internal audit model, and this position plays a key role in the development, implementation, and execution of the internal audit co sourcing framework. The Senior Manager oversees audit engagements delivered through a combination of internal resources and external co sourced providers, ensuring quality, consistency, and value in alignment with IMCO’s Internal Audit Charter and professional standards.

Requirements

University degree in Accounting, Finance, Business Administration, or a related discipline.
Professional designation required (e.g., CPA, CIA, CISA, or equivalent).
Minimum 10 years of progressive experience in internal audit, risk management, accounting, or a related assurance role.
Demonstrated experience leading and supervising audit engagements, including planning, execution, and reporting.
Experience in financial services, asset management, pension management, or a similarly complex organization.
Strong understanding of risk management, internal controls, and governance frameworks.
Ability to exercise independent judgment and manage complex and sensitive issues.
Proven ability to lead, influence, and challenge constructively at senior levels.
Excellent written and verbal communication skills, with the ability to translate complex issues into clear, actionable insights.
Strong project management and organizational skills, with the ability to manage multiple priorities and deadlines.
High level of integrity, professionalism, and commitment to internal audit standards.

Nice To Haves

Experience working within or supporting a co‑sourced or outsourced internal audit model, including oversight of third‑party audit providers.
Experience auditing or advising on investment, risk, operations, technology, data, or enterprise transformation initiatives.
Familiarity with IIA Standards, COSO frameworks, and leading internal audit practices.

Responsibilities

Play a critical role in the development, implementation, and execution of IMCO’s internal audit co‑sourcing framework.
Serve as engagement lead for co‑sourced providers, overseeing scope, resourcing, quality, deliverables, and ongoing performance.
Lead the end‑to‑end execution of internal audit and advisory engagements, from planning through reporting and follow‑up.
Oversee risk assessments and develop audit objectives, scope, and plans that address key governance, risk, and control considerations.
Manage engagements to ensure audits are risk‑focused, well‑supported, and result in practical, value‑adding recommendations.
Manage audit engagements, budgets, and reporting to ensure delivery is timely, within budget, supported by complete working papers, and reports are appropriate for senior management and the FAC.
Build and maintain effective relationships with audit clients, and external partners.
Communicate audit results clearly and lead close‑out discussions to support sustainable remediation actions.
Provide independent advisory input on initiatives and change activities while maintaining audit independence.
Represent Internal Audit on enterprise initiatives and cross‑functional forums, monitoring relevant business and risk developments and influencing decision-making on risk, governance, and control considerations.
Drive improvements to internal audit methodologies, tools, and practices, including insights from co‑sourced engagements.
Support audit quality, professional development, and perform related duties as assigned by the Head of Internal Audit.